Dr Reddy’s Q3 Results: Profit beats estimates on higher revenue, despite YoY decline

Dr Reddy’s Laboratories reported Q3 net profit of ₹1,209 crore, beating estimates, while revenue and EBITDA also came in above expectations; though on a year-on-year basis, profit and EBITDA declined and margins contracted sharply, a 4.4% rise in revenue notwithstanding.

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